Interest Rate Up Tightening Credit Forecast Looms
Washington officials say a new credit squeeze may emerge as Congress debates a 10 percent income tax surcharge. The Treasury plans a 5.75 percent rate for long-term borrowing, a 46-year high, but banks and savings and loan associations expect limited immediate impact on consumer lending. California S L industry faces potential withdrawals as savers seek higher-yield investments, with year-end dividend cycles likely to trigger fund movements.
MENTIONED IN THIS ARTICLE
Washington
Congress
Johnson
Treasury Department
Treasury
Savings and Loan
California
S&l
Some Glad Some Sad Daylight Saving Time Ends
Chicago reports a mixed outlook as states plan clock changes this Sunday at 2 am under the 1966 Uniform Time Act. The annual shift back to standard time brings 60 minutes of longer morning darkness and longer evening light, prompting mixed reactions nationwide. Kentucky remains consistent with time, while others consider rapid changes.
MENTIONED IN THIS ARTICLE
Chicago
Kentucky
Grand Jury Indicts Corry Man On Four Charges
The Erie County grand jury yesterday indicted Fred Whitmeyer a 22 year old Corry man of 205 Second Avenue on burglary larceny obstructing police and false pretenses. A forgery charge was dropped. He allegedly took coins and goods from his grandfather William H Whitmeyer at 926 North Center Street on August 19. Whitmeyer was recaptured after fleeing from arrest. On August 25 he allegedly cashed an 85 dollar worthless check in town. The forged 47 dollar check was withdrawn.
MENTIONED IN THIS ARTICLE
Erie County
Fred Whitmeyer
Second Avenue
William H. Whitmeyer
North Center Street
Kenneth Nichols
William Shrout
Whitmeyer
Witness At Hoffa Trial Shot Wounds Key Testifier
CHATTANOOGA Tenn AP a government witness in the Hoffa probe Mary Ann Gordon Francis 27 was shot in the shoulder and taken to hospital in fair condition Police arrested Edwin H Pullom 28 less than three hours later charging felonious assault Francis identified Pullom as her attacker She said they are trying to kill me after reporting the shooting Hoffa leader of the Teamsters was convicted in 1964 of jury tampering and is serving an eight year term
MENTIONED IN THIS ARTICLE
Chattanooga
Patricia Ann Essex
Hoffa
Team
Sters
Last of Slaying Victims Buried After Lock Haven Rampage
In Lock Haven Pennsylvania the burial of Richard Davenport, with Leo Held's 90 minute rampage that killed seven and wounded six, began as rain fell. Held, 40, was shot by police and died. a preliminary autopsy found no brain tumor. Funeral services were held for Davenport and for others including Allen Barrett Jr and Floyd Quiggle.
MENTIONED IN THIS ARTICLE
Lock Haven
Held
Elmer E. Weaver
Susquehanna River Valley
Leo
Weaver
Mount Pleasant Cemetery
Loganton
Lock Haven, Pa
Leo Held
Cavit Oily
Lock Haven Hospital
Donald V. Walden
Woolrich
Davenport
Hammermill Paper Company
Allen R
Jack) Barrett Jr
Floyd D. Quiggle
Helds
John E. Snook
Milk Board weighs co op plan in Pennsylvania
Harrisburg AP The state Milk Control Commission has received an application from the C and D Cooperative Association for a consumer savings plan. If approved the plan would allow farmers to sell milk below minimum prices via a cooperative format with dividend days for customers in Pittsburgh stores. The commission will decide at its next meeting next week.
MENTIONED IN THIS ARTICLE
Harrisburg
State Milk Control Commission
Dairy Farmers Trying Ag
C & D Cooperative Association
Pittsburgh
Ernest Hayes
Milk Control Commission
Hayes
Housing Authority Seeks HUD Funds for 100 Low Rental Units
The OK Housing Authority approved a plan to apply for up to 15000 in federal HUD aid to fund surveys and planning by Joseph Bontempo and Associates Rochester PA. It aims to develop 100 low rental units at several Corry sites, with the Chamber estimating a local need of 250 units. Site surveys are underway and a site selection will occur soon.
MENTIONED IN THIS ARTICLE
City Counci
Housing Authority
Federal Department of Housing and Urban Development
HUD
Joseph Bontempo and Associates
Rochester
Snyder Circle
Corry Chamber of Commerce
Three Held On Flag Desecration Mock Funeral Charges
Three men, Robert Dombrowski, 22, of Philadelphia. Joseph Donahue, 22, of East Lansdowne. and Robert Kimmel, 14, of Philadelphia, were ordered held in 500 bail each for a grand jury on charges tied to a mock funeral that buried an American flag under dirt on a city sidewalk. A scuffle outside the Police Administration Building sent Haverford College professor William Davidon sprawling from a wall after a confrontation with a veterans group member.
MENTIONED IN THIS ARTICLE
Philavslyhtia
Grand Jury
Haverford College
Robert Dombrowski
Philadelphia
Joseph Donahue
Forces clash as North Vietnam raids trigger heavy losses
In Saigon area a South Vietnamese infantry battalion repelled a major NVA assault 7 miles north near Phuoc Binh, claiming 134 enemy fatalities. U S forces reported three Navy jets down and three pilots missing after raids. Tass and Hanoi dispatches claimed more air losses, while McCain was reported missing after a Phantom was shot down.
MENTIONED IN THIS ARTICLE
Saigon
Phuoc Binh
Phuoc Long Province
North Vietnam
U.S
Hagui
Innew Air
Tass
Hanoi
Lala
Vietnam
Cmdr
John Sydney McCain
John S. McCain
U.S. Navy
Europe
Adm
McCain
London
Saih
South Vietnam
City approves ordinance on 1 percent income tax collection
A unified committee voted to approve a new ordinance governing Corry’s one percent income tax and its collection. It shifts collection from Fuller Business Service to a municipal office with separate staff to ensure confidentiality, a move backed by City Council and opposed by the School Board. The measure will be sent to both bodies for adoption amid expected resistance.
MENTIONED IN THIS ARTICLE
Fuller Business Service
City Council
Corry
Fuller
David Migliaccio Home After Long Waiting Period
Eleven year old David Migliaccio returns home from the Cleveland Clinic to await a kidney transplant. He will remain on the Hamot kidney machine twice weekly with family trained to operate it. Doctors say the father cannot donate and no other organs are available locally. Medical bills rise as the fund drive continues to support the family during this period of waiting.
MENTIONED IN THIS ARTICLE
David Migliaceto
Cleveland Clinic
Concord School
Hamot Hospital
Erie
Leonard Migliaccio
West Pleasant Street
David
Cleveland
Hamot
James Howard
David Migliaccio
Citizens Carry Office
The
Marine National
Cedarville Students Start Own Fire Dept
About 25 Cedarville College students will become volunteer firefighters through Alpha Chi a men's literary society. They aim to equip a donated 1938 pumper and train under Cedarville school and local volunteer fire units. Chiefs Dennehy and Incial department will supervise, with student excused from classes during fires.
MENTIONED IN THIS ARTICLE
Cedarville, Ohio
Cedarville College
Alpha Chi
Ralph Wenrick
Springfield
Si i
Robert den Nehy
Store Owner Fires Back in Fatal Cash-Grab Try
In Pittsburgh Mrs Frances Albrecht 47 a grocer shouted You better get out or I ll shoot at two youths who held a gun on her son During the scuffle one robber was shot and killed Edward Miles 18 Homewood was the victim Police said the gun turned out to be a starter pistol with blanks No charges were filed against Mrs Albrecht
MENTIONED IN THIS ARTICLE
Pittsburgh
Frances Albrecht
Albrecht
Homewood
Impromptu fountain hydrant crash injures nothing
At 10 am a delivery truck ran out of control near South Center and Church streets in Corry. The vehicle struck a hydrant, toppled by Mrs. Vern Messinger of R D 1, damaging the truck about 150 dollars. She righted the truck and reported the crash to police with a Journal photographer nearby.
MENTIONED IN THIS ARTICLE
South Center
Church Streets
Vern Messinger
Corry
Also Mentioned on This Page
Surtax
Corryite
Alaska
Hawaii
Ohio
Virginia
Milons
DST
New York
Los Angeles
Richard Davenport
Quiggle
Williamsport
Milk Board
OK Housing Authority
N. Vietnam
Cedarville
Thug
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